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Our company is entering the enormous tobacco market as a leading player, says Bio-on Chairman and CEO Marco Astorri

The prevalence of smoking among the four clusters is presented in Table 4

When you see a price in a shop, it usually includes: Base product cost (manufacturing, logistics, retailer margin) Tobacco excise (very large component) Goods and Services Tax (GST) Because excise is charged per unit, larger packs and higher tar/nicotine strength do not automatically mean better value

Background Smoking tobacco is the world's leading cause of preventable illness and death (World Health Organization Reference Weinberger, Platt and Copeland2011)